Monday, March 11, 2024

Intelligence

As today’s digital business environment is unprecedentedly dynamic, complex, and uncertain, information based intelligence becomes more critical than ever to make sound judgment.

Today’s digital business environment is dynamic, complex; there are always different complexities at a different time or dimension,information based intelligence enables organizations to understand their competitive landscapes inside out. It’s about using data, information technology, statistical analysis, quantitative methods, mathematical or computer-based models to gain improved insight about business operations and make better, fact-based decisions and solve problems effectively.

Information based intelligence involves quantitative reasoning and interpretive power to capture business insight: Information based Intelligence can be defined as capacity for learning, reasoning, understanding, and similar forms of mental activity in grasping truths, relationships, facts, meanings; the manifestation of a high mental capacity. Intelligence based nalysis is concise analytic work, more looking at the root cause, as well as the context in which it has happened for handling issues smoothly.

Information answers the questions; intelligence questions the answers: Information is processed data; intelligence is processed information. Business intelligence is an effective tool to improve business-value creation. Information based intelligence is necessary to have knowledge of an argument of a situation, or a problem. You can use more advanced visualization tools to render things more accessible, but the underlying logic will never go away. It’s about shaping a more holistic picture, uncover the underneath patterns, leverage different factors for reaching more objective judgment.

Information helps to understand issues; intelligence is contextual understanding and the ability to solve problems: Information can be refined into intelligence, which is the subset of knowledge that is refined through information analysis for discovering certain patterns or gaining business insight. It is the aggregation of information and the assessment of that information that creates the intelligence required to deal with various issles and come up premium solutions.

As today’s digital business environment is unprecedentedly dynamic, complex and uncertain, information based intelligence becomes more critical than ever to make sound judgment, frame the right problems, recognize the right talent and put them into the right position, solve right issues and drive progressive changes.

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